Marshall Financial Group LLC Invests $730,000 in Carlisle Companies Incorporated $CSL

Marshall Financial Group LLC acquired a new position in Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, Holdings Channel reports. The fund acquired 2,283 shares of the conglomerate’s stock, valued at approximately $730,000.

Other large investors have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC purchased a new position in Carlisle Companies during the 2nd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Carlisle Companies in the second quarter valued at about $25,000. Vermillion & White Wealth Management Group LLC grew its position in shares of Carlisle Companies by 69.6% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 78 shares of the conglomerate’s stock valued at $29,000 after purchasing an additional 32 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in shares of Carlisle Companies in the second quarter valued at approximately $36,000. Finally, SBI Securities Co. Ltd. increased its stake in shares of Carlisle Companies by 43.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 113 shares of the conglomerate’s stock worth $37,000 after purchasing an additional 34 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

NYSE:CSL opened at $337.49 on Tuesday. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.09 and a quick ratio of 2.49. The firm has a market cap of $13.80 billion, a PE ratio of 19.72, a P/E/G ratio of 1.05 and a beta of 0.91. The firm has a 50 day simple moving average of $372.09 and a 200-day simple moving average of $345.17. Carlisle Companies Incorporated has a 1-year low of $293.43 and a 1-year high of $435.92.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.60 by $0.30. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. Carlisle Companies had a net margin of 14.76% and a return on equity of 41.58%. Carlisle Companies’s revenue was up .4% compared to the same quarter last year. During the same quarter last year, the business earned $4.47 earnings per share. On average, equities analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, February 17th. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) is 25.72%.

Insiders Place Their Bets

In related news, insider Stephen Schwar sold 6,049 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the transaction, the insider directly owned 8,540 shares in the company, valued at approximately $3,564,254.40. This represents a 41.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP David W. Smith sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $414.05, for a total value of $745,290.00. Following the completion of the sale, the vice president directly owned 3,697 shares in the company, valued at approximately $1,530,742.85. The trade was a 32.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 68,289 shares of company stock worth $28,125,467 in the last three months. Company insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CSL. Robert W. Baird set a $420.00 target price on Carlisle Companies in a research note on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research report on Monday, December 29th. JPMorgan Chase & Co. boosted their price target on Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a report on Monday, March 9th. Oppenheimer upped their price objective on Carlisle Companies from $400.00 to $435.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Finally, William Blair reaffirmed a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Carlisle Companies currently has an average rating of “Hold” and an average price target of $399.17.

Carlisle Companies Company Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.